AMD's Ryzen revenue continues to soar, increasing by 85 percent in the latest quarter

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AMD's consumer CPUs and APUs business had revenues of $1.4 billion in the past quarter, marking an 85 percent increase from a year earlier. The company attributes this growth primarily to the sales of Ryzen 8000 processors.

Despite the significant year-over-year increase, the turnover was only 6 percent higher in the last quarter of 2023, as reported by AMD itself. The gaming sector, which encompasses consumer GPUs and console SoCs, saw a turnover of $922 million, reflecting a 48 percent decline compared to the previous year. This drop was attributed to decreased sales of console SoCs and lower demand for Radeon GPUs.

The 'embedded' segment also experienced a decline in sales, with a turnover of $846 million in the last quarter, down 46 percent from a year earlier. In contrast, the data center division achieved a record turnover of $2.3 billion, an 80 percent increase from the previous year, driven by higher sales of Instinct GPUs and fourth-generation EPYC CPUs. The data center branch's turnover in the past quarter was also 2 percent higher than the previous quarter, despite fewer server CPU sales due to seasonal factors.

CEO Lisa Su highlighted that the next generation of EPYC processors, codenamed Turin, are now in wide sampling phase, as reported by The Motley Fool. These processors, featuring Zen 5 cores, are expected to succeed the current Genoa and Bergamo chips and are slated for launch later this year.

Overall, AMD's total turnover for the past quarter reached $5.47 billion, a 2 percent increase from a year earlier. Gross profit stood at $2.56 billion, up 9 percent year-over-year, while net profit soared to $123 million, marking a significant 188 percent increase from the previous year. Looking ahead, AMD anticipates revenue of $5.7 billion for the next quarter, representing a 6 percent increase from the same period last year.